U.N. imposes new sanctions on N. Korea over missile tests

The U.N. Security Council on Saturday imposed fresh sanctions on North Korea that would slash the reclusive country's $3 billion annual export revenue by a third in response to Pyongyang's two long-range missile tests in July.The 15-member council unanimously adopted a sanctions resolution after Pyongyang conducted two intercontinental ballistic missile tests in defiance of past U.N. resolutions banning its nuclear and ballistic missile activity.The U.S.-drafted resolution seeks to ban North Korea from exporting coal, iron, iron ore, lead, lead ore and seafood so as to curb funding sources …READ FULL ARTICLE